Rapid, yes, but extremely noisy. If you make some decision and lose a ton of money, that doesn't mean it was a bad decision; maybe you just got unlucky.
but extremely noisy
No, not usually, at least for common to me values of "extremely" :-) Finance does not require you to select high-variance bets :-)
If you make some decision and lose a ton of money, that doesn't mean it was a bad decision; maybe you just got unlucky.
True, but if your actual outcomes are "extremely noisy" you need better risk management which happens to be part of finance.
Another month, another rationality quotes thread. The rules are: